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land 3 Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a

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land 3 Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations and round your final answer to 2 decimal places.) Project Time: Cash Flow: -58,700 53,490 54,320 51,560 2 3 4 $410 NPV Should the project be accepted or rejected? O accepted O rejected

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